Economics and Policy Iran's newly elected reformist-backed president said Sunday that the country's dire economic problems cannot be solved "overnight," as he took his first steps in consulting with members of the clerically dominated establishment on his new policies. More from Reuters Saudi Arabia has cut back the number of pilgrims that may perform Haj this year because of construction work aimed at expanding Mecca, said Bandar Hajjar, the Haj minister. More from AFP Elsewhere in Saudi, export revenues fell almost 6 per cent in March compared with the same period a year ago as the cost of imports surged. More from The National Tunisia’s fledgling Islamic finance industry could take a 25-40 percent share of the country’s financial sector in five years’ time if necessary rules, consumer education and private investment plans materialize, a new study has found. More from Reuters Egyptian President Mohamed Mursi
